Hudaco Industries Limited (JSE:HDC) News - Director's dealing in securities

Hudaco Industries Limited
(“Hudaco” or “the company”)
Incorporated in the Republic of South Africa
Registration number: 1985/004617/06
Share code: HDC
ISIN code: ZAE000003273

DIRECTOR’S DEALING IN SECURITIES


Name of the company:               Hudaco

Name of director:                  LFJ Meiring

Designation:                       Executive director

Date of transaction 1:             7 March 2022

Nature of transaction 1:           Acquisition of 16 827 Hudaco ordinary shares
                                   at an average price of R131.25 per share (on
                                   market) in terms of the rules of Hudaco’s
                                   retention based Share Matching Scheme. The shares
                                   are paid for by the company and match Hudaco
                                   shares purchased by the executive in 2019 and
                                   retained to date.

Highest price per share:           R133.09

Lowest price per share:            R128.20

Value of transaction 1:            R2 208 534.64


Date of transaction 2:             7 March 2022

Nature of transaction 2:           Sale of 6 709 Hudaco ordinary shares at an
                                   average price of R129.265 per share (on market).
                                   These shares were acquired in the share matching
                                   transaction referred to above and were sold to
                                   partially fund the tax liability arising thereon.

Highest price per share:           R130.55

Lowest price per share:            R128.50

Value of transaction 2:            R867 240.37


Date of transaction 3:             8 March 2022

Nature of transaction 3:           Sale of 1 031 Hudaco ordinary shares a price of
                                   R132.50 per share (on market). These shares were
                                   acquired in the share matching transaction
                                   referred to above and were sold to partially fund
                                   the tax liability arising thereon.


Value of transaction 3:            R136 607.50

Nature of interest:                Direct beneficial

Clearance obtained:                Yes

Johannesburg
10 March 2022

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-03-2022 08:15:00
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